When it comes to cryptocurrencies, spot trading is the most basic type of investment you can make. This essentially entails purchasing crypto such as Bitcoin and holding it until the value increases or using it to buy other altcoins that you believe may rise in value.
It is the price at which a crypto can be sold or bought at immediately. Buyers and sellers create the spot price by posting their buy and sell orders. In liquid markets, the spot price may change by the second, as orders get filled and new ones enter the marketplace.